Renewables firm Pattern Energy has formed a joint venture (JV) with independent power producer Talen Energy that will develop 1.4GW of utility-scale solar and wind projects in the US over the next five years.
Two more utility-scale solar projects in Texas with a combined capacity of more than 400MWdc have closed financing, continuing the Lone Star state’s booming solar run.
A round-up of the latest news from the US, where SEIA endorses a tax exemption for solar projects in California, an ex-CAISO chair calls for additional storage and 174 Power Global energises a 180MW facility in Texas.
US$6.1 billion deal for owner of 4.4GW of wind and solar gets thumbs up from investors despite loud opposition from minority shareholder Water Island Capital.
Water Island Capital urges its fellow Pattern shareholders to turn down acquisition offer by Canadian pension plan CPPIB, amid claims it ‘undervalues’ the owner of 4.4GW of solar and wind.
Publicly-listed renewables firm will become a private company and will be merged, in a concurrent deal brokered by prospective owner CPPIB, with sister firm Pattern Development.
Pattern Energy responds to a Bloomberg report that claimed Toronto-based Brookfield Asset Mangement is interested in merging Pattern with its majority-owned renewable arm, TerraForm Power.
In this week's Movers & Shakers, PV Tech focuses on employment news within German and US energy companies; featuring energy storage, solar cell manufacturing and EPC.
PV industry leader JinkoSolar announced that it has supplied 122MW worth of modules to Pattern Energy for its Conejo solar plant in Chile. Pattern Energy, a US-based independent power producer, will also become the owner of the project.